Ernst & Young has swiped the prized audit of BG Group from a close rival
in one of the biggest client wins in the accountancy industry in years, The
Times has learnt.

In a sign that finally the largest companies may be responding to investors’
and regulators’ concerns that their relationships with the accountants have
become too cushy, BG Group has opted to replace its long-standing auditor
PwC after holding a competitive tender, several people close to the
situation said.

It is believed to be the first time in at least a decade that one of Britain’s
20 biggest companies

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